T18-0143 - Repeal $10,000 Limit on Deductible State and Local Taxes; Baseline: Current Law; Impact on Tax Revenue, Number of Itemizers, and Individual Alternative Minimum Tax (AMT), 2018-28

Table shows impact on tax revenue, number of itemizers, and individual Alternative Minimum Tax between 2018 and 2028 of repealing the $10,000 limit on deductible state and local taxes effective retroactively to 01/01/2018. Baseline is the law in place for each year as of 9/24/2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm